Serbia Attempts New Economic Reforms

Politics ♦ Published: November 17, 2012; 18:43 ♦ (Vindobona)

The Serbian government does not only want to pursue a strict austerity policy. The country aims to become more attractive for international investors.

Serbia Attempts New Economic Reforms / Picture: ©

For Serbia´s Prime Minister Ivica Dacic, simple austerity cuts are not enough. “This would be too easy.” Dacic refers to IMF which wants Serbia to cut social expenses. Above all, pensions should be reduced, IMF said. The talks between IMF and Serbia were stopped for the time being as Serbia´s public debt level has risen again. The Prime Minister underlines that the government aims…